Fed policy making me nervous about my new Gold IRA, anyone else?

• •I just opened my first Gold IRA a few months ago, put about $75k into it.
• •I’m a small business owner here in Denver, and honestly, the whole process felt a bit overwhelming at first.
• •I was feeling pretty good about diversifying some of my retirement savings away from the usual stocks, especially with all the talk about inflation.

I just opened my first Gold IRA a few months ago, put about $75k into it. I’m a small business owner here in Denver, and honestly, the whole process felt a bit overwhelming at first. I did a ton of research, and that Gold IRA Quiz I found online was actually super helpful for narrowing down some of the basics and understanding what I was even getting myself into. I was feeling pretty good about diversifying some of my retirement savings away from the usual stocks, especially with all the talk about inflation.

But now, with all this chatter about the Fed and their policy decisions, I’m starting to get a little antsy. I know gold is supposed to be a good hedge against inflation, but with interest rates potentially staying higher for longer, it just feels like a complicated situation. I’m seeing articles everywhere about how a strong dollar might counteract some of gold’s benefits, and then others saying that global instability will push it up regardless. It’s hard to know what to believe when you’re still pretty new to precious metals investing.

Has anyone else in here with a Gold IRA felt this whiplash from Fed announcements? What are your strategies for interpreting all this economic news? Are you just holding tight, or are these policy predictions making you re-evaluate anything? I’m mostly in it for the long haul, but I admit, the short-term fluctuations can be a little stressful.